Berliner Boersenzeitung - US envoy Kerry heads to China to restart climate talks

EUR -
AED 4.234455
AFN 76.098978
ALL 93.355439
AMD 420.285222
AOA 1058.469724
ARS 1714.008452
AUD 1.639998
AWG 2.075431
AZN 1.956048
BAM 1.953846
BBD 2.314296
BDT 141.888125
BHD 0.433271
BIF 3409.805301
BMD 1.153017
BND 1.474751
BOB 13.644534
BRL 5.853524
BSD 1.149036
BTN 109.541893
BWP 15.667402
BYN 3.342572
BYR 22599.134983
BZD 2.310999
CAD 1.617972
CDF 2623.113712
CHF 0.932826
CLF 0.026966
CLP 1064.753984
CNY 7.784364
CNH 7.786682
COP 3615.031425
CRC 521.882692
CUC 1.153017
CUP 30.554953
CVE 110.156287
CZK 24.211399
DJF 204.61629
DKK 7.475024
DOP 66.66392
DZD 153.149529
EGP 59.173759
ERN 17.295256
ETB 183.619494
FJD 2.552722
FKP 0.855386
GBP 0.855994
GEL 3.015164
GGP 0.855386
GHS 13.432743
GIP 0.855386
GMD 84.748706
GNF 10086.957729
GTQ 8.767348
GYD 240.362787
HKD 9.04245
HNL 30.788348
HRK 7.533351
HTG 150.246934
HUF 364.183866
IDR 20741.624449
ILS 3.531633
IMP 0.855386
INR 109.721373
IQD 1505.288325
IRR 1585542.627216
ISK 142.005664
JEP 0.855386
JMD 181.907321
JOD 0.817498
JPY 180.481814
KES 148.853615
KGS 100.831094
KHR 4649.572652
KMF 492.338702
KRW 1647.817137
KWD 0.356444
KYD 0.957547
KZT 544.477934
LAK 26022.318653
LBP 102900.855012
LKR 385.739315
LRD 207.401718
LSL 19.005943
LTL 3.40456
LVL 0.697448
LYD 7.351681
MAD 10.734107
MDL 20.080183
MGA 4914.107663
MKD 61.463542
MMK 2420.824769
MNT 4144.56416
MOP 9.282578
MRU 46.180225
MUR 54.249696
MVR 17.825371
MWK 1992.41641
MXN 19.969677
MYR 4.715604
MZN 73.689228
NAD 19.005778
NGN 1568.771776
NIO 42.287899
NOK 10.939653
NPR 175.265511
NZD 1.958198
OMR 0.443199
PAB 1.149026
PEN 3.894106
PGK 5.144878
PHP 70.320162
PKR 319.118096
PLN 4.307269
PYG 6851.179173
QAR 4.200455
RON 5.248186
RSD 117.273246
RUB 91.498579
RWF 1686.820652
SAR 4.315315
SBD 9.317652
SCR 15.571531
SDG 691.810534
SEK 10.968537
SGD 1.477378
SLE 28.486023
SOS 656.640573
SRD 43.562709
STD 23865.12585
STN 24.475633
SVC 10.053991
SZL 19.003081
THB 38.415055
TJS 10.605549
TMT 4.04709
TND 3.377966
TRY 54.813854
TTD 7.802232
TWD 37.190547
TZS 3045.737304
UAH 51.285342
UGX 4314.741794
USD 1.153017
UYU 46.23357
UZS 13754.306627
VES 859.800697
VND 30309.36027
VUV 136.851421
WST 3.152915
XAF 655.304599
XAG 0.019812
XAU 0.000284
XCD 3.116086
XCG 2.070838
XDR 0.814989
XOF 655.304599
XPF 119.331742
YER 274.763661
ZAR 18.999766
ZMK 10378.514816
ZMW 21.584511
ZWL 371.271033
  • CMSC

    0.0300

    21.84

    +0.14%

  • BCC

    1.0000

    76.38

    +1.31%

  • BCE

    -0.0200

    21.68

    -0.09%

  • NGG

    -0.4200

    79.97

    -0.53%

  • RYCEF

    -0.3100

    19.55

    -1.59%

  • RELX

    -1.1900

    35.42

    -3.36%

  • RIO

    -0.3300

    96.85

    -0.34%

  • CMSD

    0.0900

    22.11

    +0.41%

  • VOD

    -0.3600

    15.78

    -2.28%

  • JRI

    0.0900

    12.96

    +0.69%

  • BTI

    -1.0400

    60.65

    -1.71%

  • RBGPF

    0.0000

    69.21

    0%

  • GSK

    -0.3800

    51.69

    -0.74%

  • AZN

    -1.7000

    169.64

    -1%

  • BP

    1.0000

    45.22

    +2.21%

US envoy Kerry heads to China to restart climate talks
US envoy Kerry heads to China to restart climate talks / Photo: HENRY NICHOLLS - AFP/File

US envoy Kerry heads to China to restart climate talks

US climate envoy John Kerry will head to China on Sunday to meet with his counterpart Xie Zhenhua and restart stalled talks between the world's two biggest emitters of planet-warming gases.

Text size:

Kerry's trip to China -- his third as President Joe Biden's climate emissary -- follows weeks of record-setting summer heat that scientists say is being exacerbated by climate change.

Bilateral climate talks stalled last year after Nancy Pelosi, then speaker of the US House of Representatives, visited self-ruled Taiwan and infuriated Beijing, which considers the island its territory.

But Kerry, a former secretary of state, has enjoyed comparatively cordial and consistent relations with China despite Washington and Beijing locking horns over Taiwan and a number of other thorny issues, including advanced semiconductors.

His trip to Beijing also comes after two other high-profile visits by US officials -- first Secretary of State Antony Blinken, then Treasury Secretary Janet Yellen -- aimed at stabilising US-China ties.

Kerry was scheduled to depart for China on Saturday, according to the US State Department.

The Biden administration has identified climate as an area for potential cooperation with Beijing, despite the tensions elsewhere.

The restart of US-China climate talks will come on the heels of the hottest week on record globally, according to the World Meteorological Organization.

June was already the hottest ever logged, according to US and European agencies.

Kerry will aim to use his time in Beijing to engage with Chinese officials "with respect to increasing implementation and ambition and promoting a successful COP28", the State Department said, referring to the UN climate talks in November.

Nearly 200 nations will gather in the United Arab Emirates for COP28 to thrash out ways to mitigate global warming and its impacts.

- Energy constraints -

As the leading producer of the greenhouse gases driving climate change, China has pledged to peak carbon emissions by 2030 and achieve complete carbon neutrality by 2060.

President Xi Jinping has also said that the country will reduce its use of coal from 2026.

But in April, China approved a major surge in coal power -- a move Greenpeace said prioritised energy supply over the emissions reduction pledge -- fuelling concerns that Beijing will struggle to meet its ambitious targets.

"There are a number of factors that constrain the hands of energy planners in Beijing at the moment," Byford Tsang, a senior policy adviser at the climate-focused think tank E3G, told AFP.

They include economic fallout from Russia's invasion of Ukraine, which has led to major disruptions in the global gas market, and reduced hydropower capacity in China due to severe droughts in recent years, Tsang said.

Last summer, millions of people in southwest China faced rolling power cuts after crushing heatwaves led to an electricity supply crunch that forced factories to halt work, heightening domestic concerns over energy security.

"I think it would be politically challenging for China to take a step forward on coal policy at this stage," added Tsang.

During his visit, Kerry is also expected to bring up international climate finance efforts, following calls by Yellen during her Beijing trip for China to play a larger role.

Kerry's trip will be closely watched in Washington after Republican lawmakers characterised it as him flying a carbon-spewing private jet halfway across the world to discuss climate with a political adversary.

(S.G.Stein--BBZ)